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Canadian Condo Fee & Special Assessment Analyzer

Analyze the true cost of condo ownership. Calculate your total monthly obligations, find out how much mortgage your condo fee represents (Freehold Equivalent), and estimate potential special assessment liabilities.

Condo Financials

$
$
%

Condo Fees & Building Health

The monthly maintenance fee paid to the condo corporation.

$

E.g., $1.5M for new windows or roof.

$

To estimate your share of assessments.

Analysis Results

Total Monthly Obligation

Mortgage () + Condo Fee

Freehold Equivalent Buying Power

Your monthly fee is equivalent to borrowing an extra on a mortgage. You could buy a freehold home worth this much for the same monthly cash outflow.

Est. Special Assessment

Your equal share of the estimated building repair cost.

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Default insurance premium tiers and PST due on closing.

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Mortgage Penalty (IRD)

Break penalty: 3-month interest or IRD.

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Monthly vs bi-weekly vs accelerated — interest and time saved.

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Rent Control Exemption Premium

Calculate the extra property value created by having a rent-control-exempt building.

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